Coal India to offer its 20 closed underground mines to private players

09 May 2022 CW Team

Coal Minister Pralhad Joshi recently announced that with the target to minimise the import of thermal coal, Coal India is going to offer its 20 closed or discontinued underground mines to private players on a revenue-sharing model. The Ministry has allowed concession of 50 per cent in revenue share for coal gasification.

India has the 5th largest reserve of coal in the world and the government's aim is to increase domestic coal production to 1.2 billion metric tonnes by FY 23-24. Continuation of mining activities will help in increasing coal supply to thermal power plans while creating employment opportunities for local people. Extractable reserve in the closed or discontinued coal mines is around 380 million tonne and 30-40 million tonne of coal can be easily extracted from the mines.

The Ministry launched Technology Roadmap for Coal Sector, prepared by it, and intended to lead to adoption and implementation of new technologies and enhance work environment, mining operations, including safety and productivity, environmental protection, increase productivity, improve coal recovery and reduce costs.

Infrastructure Transport

07 Apr 2026

Large Format Store Planned At M G Road Metro Station

M G Road station in Bengaluru is set to host the city’s first large-format commercial and experience space, with planning led by Bangalore Metro Rail Corporation Limited. BMRCL has invited proposals to develop and operate a central business district destination at the Purple?Pink Line interchange. The plan positions the station as a commercial hub designed to serve a broad commuter base across the city. The proposal is part of a broader effort to activate transit nodes commercially. Tender documents set a minimum monthly rental of Rs 0.944 million (mn), inclusive of GST, for the large-format..

Government Cancels Auction Of Eleven Critical Mineral Blocks

The government has cancelled the auction of 11 critical and strategic mineral blocks after receiving a poor investor response and failing to attract a sufficient number of qualified bidders. The decision represents a setback to plans to ramp up domestic exploration and production of critical minerals amid global supply chain disruptions and rising demand for materials used in clean energy and advanced technologies. The mines ministry issued an annulment notice setting out the reasons for the cancellations. The annulment notice indicated that the auction process for five mineral blocks was canc..

Gujarat Pushes Biogas Growth With 193 Operational Units

Gujarat has operationalised 193 biogas plants across the state and is planning to add 60 more units as part of a broader push to scale up clean and sustainable energy solutions. The existing plants, established under various government-supported schemes, process organic waste including cattle dung and agricultural residue to produce biogas and a nutrient-rich slurry. The output is mainly used for cooking and other energy needs in rural and semi-urban communities, while also improving local waste management practices. The Gujarat Energy Development Agency (GEDA) is leading the initiative and is..